COHO Finances is the control hub for your business's cash flow. If you are a Landlord or run a Rent2Rent business, you can quickly gain an overview of your profitability through our reporting tool. As a managing agent, you can take advantage of our settlement area to gain full control over your organisation's, clients', and suppliers' money.
The series of videos below will give you a full insight into how to best utilise and take advantage of the quite incredible finance module that sits at the heart of COHO.
We have broken COHO Finances down into specific use cases depending on your business type, but do be sure to watch this introduction and the video on setting property ownership regardless of your business type. Please note that this series does not extend to the connections that we have with accounting software, which will be handled on a dedicated page.
Ahead of being able to use the finances module of COHO it is vital that you set the property ownership details against each of the properties in your account. If you do not do this, then no information will be pulled through into the finances area.
Now that you've set your property ownership information you're all set to start using the finances area within your account.
In the video and step by step guide below we will show you how to get the most out of the finances area as a landlord, with a specific focus on creating profitability reports to best understand the P&L of your business.
Being a managing agent means that you will have more requirements of COHO Finances than a self-owned or Rent2Rent operator, as you will need to create settlement statements for each of your landlords. In the video and step by step guide below we will show you how to get the most out of COHO if this is you.
Settlement Statements are mostly for managing agents as the process of settlement is one that happens between you and your landlord. In order to set up your first settlement we'd encourage you to watch video four above which outlines the steps required to add in all of the financial items that will impact this.
Using COHO Finances as a master lease or Rent2Rent operator works on a very similar basis to being a landlord. In the video and step by step guide below we will show you how to get the most out of the finances area as a landlord, with a specific focus on creating profitability reports to best understand the P&L of your business.